Billing a client is never as simple as sending a
bill and collecting a payment. A company's profit earnings can be increased drastically
by changing a given billing attorney's billing practices and making sure that attorney
submits and collects on time. The ALP Profitability and Productivity Analysis (PPA)
system creates two types of reports, a dollars/hours analysis and an interest expense
analysis, to assist companies in determining how productive attorneys really are
and how much more profitable they can be.

How it works

ALP PPA is a tool for analyzing worked, billed, and collected values in a three dimensions. By holding one of these values constant, a report is produced detailing
the relationship between a span of time where work is performed, bills are rendered,
or money is collected by a given attorney. Additionally, PPA creates a report determining
what the opportunity cost of capital is as a result of either not billing promptly,
or not readily collecting on an invoice.

Why you need it

Proper billing practices are essential for maximization of profitability and productivity
in a company. ALP PPA identifies weaknesses in billing practices so that you always
get the most money for your time.